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Ujjivan Financial IPO is a book build issue of ₹882.50 crores. The issue is a combination of fresh issue of 1.71 crore shares aggregating to ₹358.16 crores and offer for sale of 2.50 crore shares aggregating to ₹524.33 crores.
Ujjivan Financial IPO bidding started from Apr 28, 2016 and ended on May 2, 2016. The shares got listed on BSE, NSE on May 10, 2016.
Ujjivan Financial IPO price band is set at ₹210.00 per share . The lot size for an application is 70. The minimum amount of investment required by an retail is ₹14,490 (70 shares). The lot size investment for sNII is 14 lots (980 shares), amounting to ₹2,05,800, and for bNII, it is 69 lots (4,830 shares), amounting to ₹10,14,300.
Axis Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Ujjivan Financial IPO RHP for detailed Information.
| IPO Date | April 28, 2016 to May 2, 2016 |
| Listing Date | May 10, 2016 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹207 to ₹210 per share |
| Issue Price Final | ₹210 per share |
| Lot Size | 70 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 4,20,23,609 shares (aggregating up to ₹882.50 Cr) |
| Fresh Issue | 1,70,55,277 shares (aggregating up to ₹358.16 Cr) |
| Offer for Sale | 2,49,68,332 shares of ₹10 (aggregating up to ₹524.33 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 10,11,86,028 shares |
| Share Holding Post Issue | 11,82,41,305 shares |
Ujjivan Financial Services IPO offers total 4,20,23,609 shares. Out of which 2,10,11,803 (50.00%) allocated to QIB, 84,04,722 (20.00%) allocated to QIB, 63,03,542 (15.00%) allocated to NII, 1,47,08,264 (35.00%) allocated to RII and 1,26,07,081 (30.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 2,10,11,803 (50.00%) | NA |
| − Anchor Investor Shares Offered | 1,26,07,081 (30.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 84,04,722 (20.00%) | NA |
| NII (HNI) Shares Offered | 63,03,542 (15.00%) | NA |
| Retail Shares Offered | 1,47,08,264 (35.00%) | 2,10,118 |
| Total Shares Offered | 4,20,23,609 (100.00%) |
Ujjivan Financial IPO opens on April 28, 2016, and closes on May 2, 2016.
| IPO Open Date | Thu, Apr 28, 2016 |
| IPO Close Date | Mon, May 2, 2016 |
| Tentative Listing Date | Tue, May 10, 2016 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, May 2, 2016 |
Investors can bid for a minimum of 70 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 70 | ₹14,700 |
| Retail (Max) | 13 | 910 | ₹1,91,100 |
| S-HNI (Min) | 14 | 980 | ₹2,05,800 |
| S-HNI (Max) | 68 | 4,760 | ₹9,99,600 |
| B-HNI (Min) | 69 | 4,830 | ₹10,14,300 |
Incorporated in 2005, Ujjivan Financial Services Ltd is an Indian microfinance services company primarily based on the joint liability group lending model for providing collateral free, small ticket-size loans to economically active poor women. They also offer individual loans to Micro & Small Enterprises ("MSEs").
They offers group loans and individual loan as per their customer requirements. That include agricultural, education, home improvement, home purchase and livestock loans. In addition to loan products, they also provide non-credit offerings comprising of life insurance products, in partnership with insurance providers such as Baja Allianz Life Insurance, Kotak Mahindra Life Insurance, and HDFC Life Insurance Company Ltd.
Ujjivan Financial operations is spread across 24 states and union territories, and 209 districts across India. serve over 2.77 million active customers through our 469 branches and 7,786 employees.
|
Particulars |
For the year/period ended (in Rs. Million) | |||||
| Total Revenue | 7,296.40 | 6,118.81 | 3,576.62 | 2,339.29 | 1,563.03 | 1,564.43 |
| Profit After Tax (PAT) | 1,223.06 | 757.88 | 584.16 | 328.7 | 1.33 | 116.92 |
| KPI | Values |
|---|---|
| RoNW | 10.29% |
[Dilip Davda] <p><strong>Considering the status enjoyed by this company in MFI business and the plans for transition into a small finance bank, investment in this IPO will bring reasonable rewards in coming years. Investment may be considered for medium to long term.</strong></p> Read detail review...
The Initial Public Offer of Ujjivan Financial comprise of:
| Listing Date | May 10, 2016 |
| BSE Script Code | 539874 |
| NSE Symbol | UJJIVAN |
| ISIN | INE334L01012 |
| Final Issue Price | ₹210 per share |
| BSE Listing Group | B |
Ujjivan Financial Services Ltd.
Grape Garden, No. 27, 3rd A Cross,
18th Main 6th Block,
Koramangala, Bengaluru, 560095
Bengaluru, Karnataka
Phone: +91 8040712121
Email: compliance@ujjivan.com
Website: http://www.ujjivan.com
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://ipostatus.kfintech.com/
Ujjivan Financial IPO is a main-board IPO of 4,20,23,609 equity shares of the face value of ₹10 aggregating up to ₹882.50 Crores. The issue is priced at ₹210 per share. The minimum order quantity is 70.
The IPO opens on April 28, 2016, and closes on May 2, 2016.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Ujjivan Financial IPO using UPI as a payment gateway. Zerodha customers can apply in Ujjivan Financial IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Ujjivan Financial IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Ujjivan Financial IPO opens on April 28, 2016 and closes on May 2, 2016.
Ujjivan Financial IPO lot size is 70, and the minimum amount required for application is ₹14,700.
You can apply in Ujjivan Financial IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Ujjivan Financial IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Ujjivan Financial IPO allotment status.
The Ujjivan Financial IPO listing date is on Tuesday, May 10, 2016.
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